Every project is different.
And the same.
Every real estate development project is a remarkably complex undertaking. There’s engineering and the environment, permits and politics, insurance and infrastructure—and that’s just for a start. Every project may be unique, but they all—whether retail, office/commercial or medical space—have some challenges in common: the kinds of challenges that can give headaches to developers and clients alike.
DEVELOPMENT IS LOCAL.
To get the job done, there’s something else a developer has to get: how local politics and decision-making work.
TIMING IS CRITICAL.
A store has to open before high season, tenants have to be in place by a set date, and a client’s schedule has to dictate what happens when.
BUDGETS ARE DEMANDING.
How much does it cost? How long does it take? What is the ROI? These are questions every client asks—and a developer better have the right answers.
WE KNOW THE QUESTIONS. WE HAVE THE ANSWERS.
That’s how we’ve earned such a sterling record of success in developing so many retail, office/industrial, and medical office projects from start to finish.
NEWS FEED
News Feed
READCO acquires 20,400 SF retail building – 441 Long Hill Road – Groton, CT
We are thrilled to announce the recent addition to our portfolio of properties. Lighthouse Square, located at 441 Long Hill Rd. in Groton, CT was acquired on December 12, 2023. This acquisition reflects our dedication to invest in Southeastern Connecticut. We look forward to integrating this property into our portfolio and bringing our style of
Major Project Proposed for Former Movie Theater Site in Pawcatuck
Stonington ― READCO of Old Lyme is proposing to turn the former Hoyt’s/Regal Cinema on Route 2 into a recreational center for pickleball as well as constructing four buildings with 124 apartments and 10,000 feet of commercial space on the remainder of the site. The Old Lyme-based firm is slated to present its design plan to the
Tenant Highlight: Brown & Brown Insurance New Offices in East Lyme, CT
We are pleased to welcome Brown & Brown Insurance to their new office located at 250 Flanders Road, East Lyme, CT! Brown & Brown has recently relocated from another location in Niantic. It was a pleasure to work with Apex Property Services, LLC for the fit out of their new space. The suite features a
Old Lyme Real Estate Firm Preps $154 million Local Investment
(Caption ) From left, READO officials Mary Woomer, senior property manager; Lea Engels, vice president of asset management; Michael Lech, president, andLex Pellecchia, property manager, pose Aug. 28, 2023, in the real estate investment firm’s executive offices in Old Lyme. (Lee Howard/The Day) August 28, 2023 5:09 pm • Last Updated: August 28, 2023 7:34
Tenant Renewal – Weight No Longer – Old Lyme, CT
At Readco Management, we work with our tenants to make sure their space fits their needs and vision. Weight No Longer has recently renewed their lease for another three years. Using their Tenant Improvement Allowance, they have undergone a beautiful transformation. With the help of B-T Tile & Carpet Co., the space is rejuvenated with